Let's Just Say, We Really Hope This Jobless Claims Chart Is Being Distorted By Hurricane Sandy

Here's a chart showing the year-over-year change in initial
weekly jobless claims. That is a serious spike up the last two
weeks. We hope it's all due to Hurricane Sandy and that we'll
quickly revert to our trend of year-over-year claims declining by
about 10%. If it's not, then there might be another issue.